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Grover Company has the following data for the production and sale of 2,100 units. $850 per unit Sales price per unit Fixed costs: Marketing and
Grover Company has the following data for the production and sale of 2,100 units. $850 per unit Sales price per unit Fixed costs: Marketing and administrative Manufacturing overhead $410,000 per period $210,000 per period Variable costs Marketing and administrative Manufacturing overhead Direct labor Direct Materials $ 55 per unit $70 per unit $100 per unit $ 210 per unit What is the prime cost per unit? $100 O $280 O $310 O $480 Tulsa Company, (a merchandising Co.) has the following data pertaining to the year ended December 31, 2016: (CPA adapted) Purchases Beginning inventory Ending inventory Freight-in Freight-out $560,000 192,000 221,000 61,000 80,500 What is the cost of goods sold for the year? O 51,50 O $592,000 O $611.500 O $672,500
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